Statutory Residence Test (SRT)
May 16, 2023
Statutory Residence Test (SRT) determines an individual’s residency status in the UK for tax purposes during a tax year. It consists of three tests that
Our dedicated team will help you stay in line with the UK and EU VAT regulations so that you are not hit with fines or penalties.
Value-added tax (VAT) is something every business owner should be familiar with because of the impact it may have on revenue. Within the borders of the European Union, a value-added tax known as VAT is applied to every purchase of goods and services (EU). You are accountable to the government for paying the VAT that is due in your function as a business owner. However, you are also able to claim back any VAT that you have already paid on costs related to your business. Peer Accountants can help you claim back any VAT you are entitled to and ensure you are paying the proper amount. Due to their extensive knowledge and training in the field of VAT, our team is skilled at identifying errors and making any required corrections prior to the submission of your returns.
When it comes to taxes, we’re the ones to call, as we’re a part of Tax Accountant Network. We assist both regional and nationwide businesses with accounting and tax planning advice.
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Professional bookkeeping services for businesses and individuals.
Sole Traders, Partnerships, Ltd Coys, and other business.
We work hard to file annual tax returns effectively and promptly.
Maintaining efficient and timely payroll management for your staff.
Accountants with considerable knowledge and training in VAT.
A plan carefully crafted by experts and adapted to meet your needs.
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Clients come to us because their current accountants lack proactive guidance and client attention. We’re devoted to offering the greatest quality of customer service, from response time to team members’ availability.
Statutory Residence Test (SRT) determines an individual’s residency status in the UK for tax purposes during a tax year. It consists of three tests that
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